Analysis on NASDAQ

Hi all,

Currently, it is in the range 15.7 - 16.2k.

What to look out for.
1. If it dropped below 15.7k, MACD would trigger bearish divergence.
2. big resistance is around 17k.

What to hope for.
1. consollidate in this range for a while then can break up.
2. likely that it would reach 17k.
3. need to wait and see if it can pass 17k.

Personally, i do hope it dropped and new buying opp will come.

Best Regards,

QuanTechTraderPP
TraderPP
TraderApprenticePP